Musk got Zucker punched.
Mark Zuckerberg slid into third place on the Bloomberg Billionaires Index on Friday surpassing his rival, Elon Musk, for the first time in four years.
Zuckerberg, 39, added $58.9 billion to his net worth this year as Meta Platform Inc. soared to new heights, Bloomberg reported.
The 52-year-old Musk, on the other hand, was ranked first on the index as recently as last month, after which his own wealth diminished by $48.4 billion, the outlet said.
Musk is now worth $180.6 billion, while Zuckerberg is chugging along at $186.9 billion.
Musk plummeted to a measly fourth place after Reuters reported that Tesla nixed plans to build a less-expensive car, which sent shares lower.
However, the enraged billionaire refuted the claims on his X platform, writing, “Reuters is lying (again)” without citing inaccuracies.
The Reuters reveal also coincided with news that Teslas vehicle deliveries fell for three months, marking its first year-over-year decline since the beginning of COVID-19.
Musks net worth could take an additional hit after his $56 billion Tesla pay package was struck down by a Delaware judge, Bloomberg noted. The index is using options from the pay package which is one of the South African entrepreneurs largest assets into its calculations of his wealth.
Zuckerberg has not seen a top three spot on the Bloomberg ranking since Nov. 16, 2020, when he was worth $105.6 billion, compared to Musks $102.1 billion.
In November 2021, the wealth gap between the Meta and Tesla titans was as large as $215 billion, Bloomberg noted.
The two billionaires have long been engaged in a lengthy public back-and-forth and even traded threats to spar in a cage fight last year.
Zuckerberg, however, called off the idea in August 2023, saying that it was time to move on.
